Updated Saturday, November 1, 2014 as of 5:52 AM ET

Focus Financial Adds 9th Firm This Year

A recent capital infusion is already paying off with new deals for Focus Financial Partners, which this week added some Louisiana seasoning to its growing national profile.

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Comments (1)
Another indication that the wealth management industry is gravitating away from what has always been the mainstay of planning. Between this type of "consolidation" and the massively increased activity of CPA firms and Wealth Management divisions of banks, the independent planner is destined for extinction. I do hasten to add that any firm offering primarily investment advice is going to be vulnerable to losing clients to firms that take a more holistic approach and work with the interrelationship among the Thirteen Wealth Management Issues I address in my new book, COVERING YOUR ASSets.
Posted by Leonard C | Thursday, April 03 2014 at 12:16PM ET
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